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单词 price scissors
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price scissors
5. Economics. With singular or plural agreement. A progressive divergence between two kinds of price or income. Frequently in price scissors.So called because on a graph of the two indices the two lines resemble the blades of an open pair of scissors.Originally used with reference to the Soviet Union (see scissors crisis n. at Compounds 2b). [After Russian nožnicy cen (1923) < nožnicy scissors + cena price.]
ΘΚΠ
society > trade and finance > management of money > management of national resources > [noun] > political economy > states or trends of the economy
inflation1821
economic cycle1832
recovery1843
downdraught1852
perfect competition1853
downturn1858
softness1872
slump1888
downtrend1890
sag1891
under-consumption1895
recession1905
downdrift1906
economic recession1908
air pocket1913
stickiness1913
trough1916
deflation1920
downswing1922
slowdown1922
scissors1924
scissors crisis1925
uptrend1926
reflation1932
depresh1933
upswing1934
stagnation1938
countercycle1944
fiscal cliff1957
turn-down1957
stagflation1965
soft landing1973
slumpflation1974
downer1976
1924 M. Farbman After Lenin vii. 125 The economic crisis of the autumn and winter of 1923–24 is known as the crisis of the scissors.
1974 J. White tr. N. Poulantzas Fascism & Dictatorship iv. ii. 193 The index of labour income shows that the scissors between the income of skilled and semi-skilled workers widened considerably.
1979 China Now Mar. 25/1 The closing of the price scissors (the gap between the price paid for agricultural foods and the prices paid by the peasants for manufactured goods) has not gone far enough.
1993 Economist 7 Aug. 64/1 Farmers in all the former communist countries have been trapped between the ‘price scissors’ of increasing costs and decreasing revenues.
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